Innovation

Innovation articles

15 01, 2024

Is Design Thinking dead?

By |2024-01-16T09:46:58+01:00January 15th, 2024|Innovation|0 Comments

A few weeks ago, I saw an article in Fast Company about the layoffs at IDEO, one of the world's most respected Design Thinking firms. In fact, IDEO was one of the pioneers of Design Thinking back in the late 1970s, but the process of using Design Thinking as part of innovation work really exploded [...]

15 11, 2023

We could all benefit from more failures

By |2023-11-15T12:16:42+01:00November 15th, 2023|Innovation|0 Comments

People are afraid of failure. In fact, people tend to avoid failing publicly wherever possible, especially in the workplace. This can result in people and projects trying to hide failure, or avoid trying things which challenge them at all so that they are less likely to fail. There are deep-rooted evolutionary reasons why we feel [...]

7 07, 2023

Don’t experiment to prove. Do it to improve

By |2023-06-29T14:27:10+02:00July 7th, 2023|Innovation|0 Comments

Don't fall victim to confirmation bias. If you set up your innovation experiments to just prove or confirm what you hope to find, you will miss out on the sort of valuable information and insights you can use to actually make your solution better. Instead, focus on continuously improving. Improve. Don't prove.

11 04, 2023

You need to know your success criteria

By |2023-04-11T22:30:09+02:00April 11th, 2023|Innovation|0 Comments

Recently, I was speaking with a corporate client about a challenge they were having with their innovation process. They had just run an idea-generation challenge and received a decent number of responses from their employees about new innovations they could pursue. The issue was that the company now had no idea which of the ideas [...]

6 02, 2023

Leaders will invest less in transformational innovation due to fears over the economy

By |2023-02-06T12:49:18+01:00February 6th, 2023|Innovation|0 Comments

One of the biggest questions I am getting from businesses at the moment is what the potential impact of a recession or the slowdown of the economy might have on their innovation efforts. And according to a new report by Innovation Leader and KPMG USA called "Benchmarking Innovation Impact, from InnoLead." (available for download from [...]

12 01, 2023

“As long as my failing project keeps going, I won’t be a failure”

By |2023-01-12T17:20:09+01:00January 12th, 2023|Innovation|0 Comments

Is it better to have grit, or know when to quit? A few weeks ago I was listen to an excellent episode of the Innovation Show podcast, with guest Annie Duke. It was about her new book "Quit: The Power of Knowing When to Walk Away", and there was one topic they spoke about which [...]

13 12, 2022

Top 5: How to plan your 2023 innovation activities and events for maximum success

By |2022-12-13T20:26:15+01:00December 13th, 2022|Innovation|0 Comments

Hi there, With 2022 almost behind us, a lot of companies and teams are planning their next steps for 2023. This is especially true for venture and innovation teams, who let's face it, many of whom had a very tough 2022. With the global economy stalling and fear of an upcoming recession, many companies have [...]

28 11, 2022

Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

By |2022-11-28T19:12:15+01:00November 28th, 2022|Innovation|0 Comments

How much of your innovation budget and innovation efforts should focus on improving your existing business, and how much should seek to explore and transform your business for the future? This is one of the fundamental strategic questions which every business leader needs to consider. One of the best ways to assess what proportions your [...]

21 11, 2022

Why Facebook needed to let go of 13% of their workforce

By |2022-11-21T20:19:29+01:00November 21st, 2022|Innovation|0 Comments

While the massive layoffs at meta are terrible, it sadly shows one of the major issues that companies struggle with when they try to grow and innovate too quickly ... facebook tried a huge number of innovation projects which failed. But this was not the problem. As I read in a wonderful WIRED article: Remember [...]